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Pegasus Digital Mobility Acquisition (Pegasus Digital Mobility Acquisition) Gross Property, Plant and Equipment : $0.00 Mil (As of Dec. 2023)


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What is Pegasus Digital Mobility Acquisition Gross Property, Plant and Equipment?


Pegasus Digital Mobility Acquisition Gross Property, Plant and Equipment Historical Data

The historical data trend for Pegasus Digital Mobility Acquisition's Gross Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Pegasus Digital Mobility Acquisition Gross Property, Plant and Equipment Chart

Pegasus Digital Mobility Acquisition Annual Data
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Pegasus Digital Mobility Acquisition Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Pegasus Digital Mobility Acquisition  (NYSE:PGSS) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


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Pegasus Digital Mobility Acquisition (Pegasus Digital Mobility Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
71 Fort Street, George Town, P.O Box 500, Grand Cayman, CYM, KY1-1106
Pegasus Digital Mobility Acquisition Corp is a newly incorporated blank check company.
Executives
Tenor Capital Management Co., L.p. 10 percent owner 810 SEVENTH AVENUE, SUITE 1905, NEW YORK NY 10019
Robin Shah 10 percent owner 810 SEVENTH AVENUE, NEW YORK NY 10019
Tenor Opportunity Master Fund, Ltd. 10 percent owner 810 SEVENTH AVENUE, SUITE 1905, NEW YORK NY 10019
Steven John Norris director PO BOX 85587, SAN DIEGO CA 92186
Jeffrey H Foster director 401 9TH STREET, NW #600, WASHINGTON DC 20004
John N. Doherty director 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Florian Wolf director 260 MASON STREET, GREENWICH CT 06830
James Valentine Condon director 260 MASON STREET, GREENWICH CT 06830
Ralf Speth director, officer: Chief Executive Officer 260 MASON STREET, GREENWICH CT 06830
Stefan Berger officer: Chief Investment Officer 260 MASON STREET, GREENWICH CT 06830
Pegasus Digital Mobility Sponsor Llc 10 percent owner 260 MASON STREET, GREENWICH CT 06830
Patrick J. Miller director 260 MASON STREET, GREENWICH CT 06830
Faramaraz Jeremey Mistry officer: Chief Financial Officer 260 MASON STREET, GREENWICH CT 06830

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